Press release
Medical Vein Illuminators Market to Witness a Pronounce Growth during 2020 to 2025
New York, March 31, 2020: The Medical Vein Illuminators market is driven by the factors of larger patient satisfaction because of reduced pain, trauma and invasive treatment footprint.A Vein Illuminator or vein viewer is a medical device that helps in visualization of blood vessels. It digitally displays a map of the vasculature on the surface of the skin in real-time. It facilitates in phlebotomy (drawing blood from patients) and in IV insertions by reducing the amount of prick attempts and serving to avoid valves and bifurcations. The most common cancer treatment, chemotherapy, is principally given within the type of intravenous infusions and a Vein Illuminator would greatly facilitate to reduce patient discomfort.
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Vein illuminator market revenue is growing with a significant rate, this is attributed to increasing usage of this device throughout majority of peripherally inserted central catheter (PICC) procedures in hospitals. In addition to the current, the device has its usage in sclerotherapy i.e. for treating varicose veins and spider veins. Growing healthcare expenditure and increasing inclination of doctors and nurses to adopt technologically advanced devices within their practice aids in the revenue growth of vein illuminator market. Increasing variety of recent product launches additionally drives the marketplace for vein illuminator devices. But higher pricing of those devices along with lower awareness of vein illumination technology is predicted to hamper the expansion of the vein illuminator market over the forecast period.
Market Insights
The global Medical Vein Illuminators market is segregated on the basis of Type as Trans-illumination, Infrared illumination, Ultrasound, and others. Based on Application the global Medical Vein Illuminators market is segmented in Hospitals, Blood Donation Camps, and Others.
The global Medical Vein Illuminators market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Medical Vein Illuminators market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
VueTek Scientific, Venoscope, Christie Medical, Near Infrared Imaging, Infrared Imaging Systems, Sharn Anesthesia, TransLite, AccuVein, Aimvein and others are among the major players in the global Medical Vein Illuminators market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Medical Vein Illuminators Market has been segmented as below:
Medical Vein Illuminators Market, By Type
o Trans-illumination
o Infrared illumination
o Ultrasound
o Others
Medical Vein Illuminators Market, By Application
o Hospitals
o Blood Donation Camps
o Others
Medical Vein Illuminators Market, By Region
o North America
o Europe
o Asia-Pacific
o Rest of the World
Medical Vein Illuminators Market, By Company
o VueTek Scientific
o Venoscope
o Christie Medical
o Near Infrared Imaging
o Infrared Imaging Systems
o Sharn Anesthesia
o TransLite
o AccuVein
o Aimvein
The report covers:
o Global Medical Vein Illuminators market sizes from 2015 to 2024, along with CAGR for 2018-2024
o Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
o Global Medical Vein Illuminators market trends, covering comprehensive range of consumer trends & manufacturer trends
o Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Medical Vein Illuminators market
o Major market opportunities and challenges in forecast timeframe to be focused
o Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
o Comprehensive company profiles of the key industry players
Report Scope:
The global Medical Vein Illuminators market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Medical Vein Illuminators market share. Major industry players with significant revenue share include VueTek Scientific, Venoscope, Christie Medical, Near Infrared Imaging, Infrared Imaging Systems, Sharn Anesthesia, TransLite, AccuVein, Aimvein and others.
Reasons to Buy this Report:
o Gain detailed insights on the Medical Vein Illuminators industry trends
o Find complete analysis on the market status
o Identify the Medical Vein Illuminators market opportunities and growth segments
o Analyze competitive dynamics by evaluating business segments & product portfolios
o Facilitate strategy planning and industry dynamics to enhance decision making
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Table of Contents:
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Medical Vein Illuminators Market, By Type
6. Medical Vein Illuminators Market, By Application
7. Medical Vein Illuminators Market, By Geography
8. Competitive Insights
9. Company Profiles
9.1 VueTek Scientific
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Venoscope
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Christie Medical
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Near Infrared Imaging
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Infrared Imaging Systems
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Sharn Anesthesia
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 TransLite
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 AccuVein
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Aimvein
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
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Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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